NOT LISTED FOR SALE

Estimated Value: $5,095,000 - $7,006,000

4 Beds
3.5 Baths
3,595 Sq Ft
$1,683/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $4,750,000 $1,321 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $38,046/month

233 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • El Carmelo Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of April 2021

Genuine, historic, hacienda-style, adobe house built in 1937 with blocks formed on site, this irreplaceable property has retained its original drama, romance and charm. The interior features beamed ceilings, tile floors, original light fixtures and hardware and French doors opening to outdoor living spaces. Wood-burning fireplaces are found in the living room and 3 bedroom suites, including the master with walk-in closet, massage room, bathroom with bidet and upper-level bonus room with balconies. The living room, updated kitchen and master suite extend to the stunning central courtyard with water fountain. Surrounding grounds include a 2-car garage with workshop and citrus, apple, pear, pomegranate, fig, plum, persimmon and Chinese date trees. Imagine a warm summer evening on the courtyard, the tranquil sound of the fountain and in the company of good friends, or imagine enjoying a good book by the fire on a cool fall evening in your private suite. This is classic California living.

Last Agent to Sell the Property

Michael Johnston

Compass License #01131203 Listed on: 07/29/2020

Compass

Last Buyer's Agent

Juliana Lee

JLEE Realty License #70010194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,846

Year Built

  • 1937

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Workshop in Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Adobe

Interior Spaces

  • 3,595 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Den
  • Art Studio
  • Workshop
  • Tile Flooring
  • Security Lights

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,846

Year Built

1937

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 83
  • Listing Class: Residential
  • Structure Sq Ft: 3595
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 3595
  • Stories: 1
  • Security: Security Lights
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Artist Studio, Laundry Room, Office Area, Workshop
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Full On Ground Floor

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Construction Type: Adobe

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Carport, Electric Car Hookup, Room For Oversized Vehicle, Workshop In Garage
  • Carport Min: 1

Utilities

  • Heating System: Electric, Forced Air, Gas, Individual Room Controls
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.2983
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12992.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12992.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Lamas Divanny Issatiu
Bought by
Lamas Divanny Issatiu and Divanny Issatiu Lamas
Current Estimated Value
$6,051,968

Purchase Details

Listed on
Jul 29, 2020
Closed on
Apr 8, 2021
Sold by
Mishkin Paul
Bought by
Lamas Divanny Issatiu
Seller's Agent
Michael Johnston
Compass
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$5,500,000
Sold Price
$4,750,000
Premium/Discount to List
-$750,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$2,750,000
Outstanding Balance
$2,488,290
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,563,678

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jun 15, 2016
Sold by
Wang Xiaoling
Bought by
Mishkin Paul
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Johnston
Compass
List Price
$4,498,000
Sold Price
$4,150,000
Premium/Discount to List
-$348,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 23, 2013
Sold by
Cambou Bertrand F and Cambou Elaine Anne
Bought by
Wang Xiaoling
Seller's Agent
Theresa Couture
Coldwell Banker Realty
List Price
$3,000,000
Sold Price
$3,250,000
Premium/Discount to List
$250,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 16, 2013
Sold by
Liu Ming
Bought by
Wang Xiaoling
Seller's Agent
Theresa Couture
Coldwell Banker Realty
List Price
$3,000,000
Sold Price
$3,250,000
Premium/Discount to List
$250,000
8.33%

Purchase Details

Closed on
May 27, 2010
Sold by
Cambou Bertrand F and Cambou Elaine Anne
Bought by
Cambou Bertrand F and Cambou Elaine Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Cambou Bertrand F and Cambou Elaine Anne
Bought by
Cambou Bertrand F and Cambou Elaine Anne

Purchase Details

Closed on
Jan 17, 2005
Sold by
Cambou Bertrand and Cambou Bertrand F
Bought by
Cambou Bertrand F

Purchase Details

Closed on
Mar 12, 2004
Sold by
Cambou Bertrand
Bought by
Cambou Bertrand S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Jenkins Jobe and Jenkins Jean F
Bought by
Cambou Bertrand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamas Divanny Issatiu -- None Available
Lamas Divanny Issatiu $4,750,000 Chicago Title Company
Mishkin Paul $4,150,000 Chicago Title Company
Wang Xiaoling $3,249,750 First American Title Company
Wang Xiaoling -- First American Title Company
Cambou Bertrand F -- Old Republic Title Company
Cambou Bertrand F -- Old Republic Title Company
Cambou Bertrand F -- --
Cambou Bertrand F -- --
Cambou Bertrand F -- --
Cambou Bertrand S -- --
Cambou Bertrand -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamas Divanny Issatiu $2,750,000
Previous Owner Cambou Bertrand F $500,000
Previous Owner Cambou Bertrand F $417,000
Previous Owner Cambou Bertrand $1,000,000
Previous Owner Jenkins Jobe $370,000
Previous Owner Jenkins Jobe $250,000
Previous Owner Jenkins Jobe $227,100
Closed Cambou Bertrand $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $4,750,000 0.0% $1,321 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
12/11/2020 12/11/20 Price Changed $4,750,000 -5.0% $1,321 / Sq Ft
09/03/2020 09/03/20 Price Changed $4,998,000 -9.1% $1,390 / Sq Ft
07/29/2020 07/29/20 For Sale $5,500,000 +32.5% $1,530 / Sq Ft
07/18/2016 07/18/16 Sold $4,150,000 -7.7% $1,154 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $4,498,000 +38.4% $1,251 / Sq Ft
04/26/2013 04/26/13 Sold $3,250,000 +8.3% $904 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $3,000,000 -- $834 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $60,846 $5,418,551 $4,221,485 $1,197,066
2024 $60,846 $5,101,677 $4,138,711 $962,966
2023 $59,250 $4,941,900 $4,057,560 $884,340
2022 $58,573 $4,845,000 $3,978,000 $867,000
2021 $53,844 $4,449,637 $3,484,656 $964,981
2020 $52,716 $4,404,013 $3,448,926 $955,087
2019 $52,139 $4,317,660 $3,381,300 $936,360
2018 $50,687 $4,233,000 $3,315,000 $918,000
2017 $49,798 $4,150,000 $3,250,000 $900,000
2016 $40,435 $3,380,764 $2,028,459 $1,352,305
2015 $40,045 $3,329,983 $1,997,990 $1,331,993
2014 $39,293 $3,264,755 $1,958,853 $1,305,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81803277

MLSListings

APN: 132-12-010